Laserfiche WebLink
1 <br /> 4. Contract Amount. The amount of this Contract is --7, 1 olasa- . 0 6 <br /> ($ ) and is based on the proposal/bid submitted by Contractor dated <br /> 0 6-0a . The basis for final payment will be the actual amount of work performed according <br /> to the Contract Documents and payments, whether partial or final, shall be made as specified therein. <br /> 5. Withholding. Five percent (5%) of amounts due Contractor shall be retained and withheld to ensure <br /> the timely and faithful completion of the work and to comply with RCW Chap. 60.28. Releases of <br /> retained amounts shall be governed by RCW 60.28.011. Retained amounts shall be released 60 days after <br /> completion of all contract work. In cases where all contract work other than landscaping is completed, <br /> retained amounts other than the five percent earned for landscaping, shall be released within 60 days of <br /> completion. Within 30 days of accepting a bond, the bonded portion of the retained funds shall be <br /> released. <br /> 6. Compliance with Employment and Wage Laws. Contractor agrees to comply with all state and , <br /> federal laws relating to the employment of labor and wage rates to be paid. <br /> 7. Indemnification. ' <br /> A. Contractor will defend and indemnify the City from any and all Claims arising out of, in connection <br /> with, or incident to any acts, errors, omissions, or conduct by Contractor relating to, or arising out of its <br /> performance of, this Contract. The Contractor will defend and indemnify the City whether a Claim is <br /> asserted directly against the City, or whether a Claim is asserted indirectly against the City, e.g., a Claim <br /> is asserted against someone else who then seeks contribution or indemnity from the City. The amount of <br /> insurance obtained by. obtainable by, or required of the Contractor does not in any way limit the <br /> Contractor's duty to defend and indemnify the City. The City retains the right to approve Claims <br /> investigation and counsel assigned to said Claim and all investigation and legal work regarding said <br /> Claim shall be performed under a fiduciary relationship to the City. , <br /> B. The Contractor's obligations under this Section 7 shall not apply to Claims caused by the sole <br /> negligence of the City. If(1) RCW 4.24.1]5 applies to a particular Claim, and (2) such Claim is caused <br /> by or results from the concurrent negligence of (a)the Contractor, its employees, <br /> subcontractors/subconsultants or agents and (b) the City, then the Contractor's obligations under this <br /> Section 7 shall apply only to the extent allowed by RCW 4.24.1 l 5. <br /> C. As used in this section: (1) "City" includes the City's officers, employees, agents, and representatives; <br /> (2) "Claims" include all losses. claims, demands, expenses (including, but not limited to, attorney's fees <br /> and litigation expenses), suits. judgments, or damage, whether threatened, asserted or filed against the <br /> City, whether such Claims sound in tort, contract, or any other legal theory, whether such Claims have <br /> been reduced to judgment or arbitration award. irrespective of the type of relief sought or demanded (such <br /> as money or injunctive relief). and irrespective of the type of damage alleged (such as bodily injury, <br /> damage to property, economic loss, general damages, special damages, or punitive damages); and (3) <br /> "Contractor" includes Contractor, its employees, agents, representatives and subcontractors. If, and to the <br /> extent, Contractor employs or engages subcontractors, then Contractor shall ensure that each such <br /> subcontractor (and subsequent tiers of subcontractors) shall expressly agree to defend and indemnify the <br /> City to the extent and on the same terms and conditions as the Contractor pursuant to this section. ' <br /> 8. Insurance. The Contractor shall purchase and maintain such insurance as will protect it from any and <br /> all claims, suits, demands, damages, or liability arising out of, or in connection with, this Contract, or <br /> resulting from Contractor's (or its subcontractor's or supplier's) performance of, or failure to perform, its <br /> express and implied obligations under the Contract, including, but not limited to such claims as may arise <br /> out of or result from the Contractor's operations under the Contract, whether such operations be by itself, <br /> any subcontractor or supplier, by anyone directly or indirectly employed by any of them, or by anyone for <br /> whose acts any of them may be liable. The Contractor's policies shall endorse the City, including its <br /> officers, employees, agents and representatives, as additional insureds. The Contractor shall comply with <br /> the insurance requirements set forth in the Contract Documents. Failure to maintain such insurance shall <br /> Water Main Replacement"Q" Division C—CONTRACT July 8, 2016 <br /> -Broadway <br /> WO No.—UP3612 SP-26 <br />